Invitation of Applicants for the FY2014 Subsidy Program for Projects Promoting Foreign Direct Investment, Site Location and Regional Development in Japan (Project of site location for global companies)

Invitation of Applicants for the FY2014 Subsidy Program for Projects Promoting Foreign Direct Investment, Site Location and Regional Development in Japan (Project of site location for global companies)

The Ministry of Economy, Trade and Industry (METI) will invite businesses who wish to apply for the FY2014 Subsidy Program for Projects Promoting Foreign Direct Investment, Site Location and Regional Development in Japan (Project of site location for global companies), as follows:

1. Outline of the program

The subsidy Program for Projects Promoting Foreign Direct Investment, Site Location and Regional Development in Japan (Project of site location for global companies) is intended to sustain and strengthen high-value-added business sites in Japan and to achieve sustainable growth of the Japanese economy by supporting the establishment of new high-value-added sites in Japan by global companies operating internationally, such as Regional Headquarters or R&D Sites, which have been proven to have a significant impact on the Japanese economy, and by strategically and proactively inviting and building high-value-added business functions that match the strength of the Japanese economy.

2. Projects eligible for the program

Projects eligible for the subsidy shall be those for establishing a new Regional Headquarters or R&D Site in Japan.

Relocation and consolidation of existing sites of these in Japan are not eligible for the subsidy, unless new role as a Regional Headquarters or an R&D Site will be added in line with the relocation and consolidation of the site.

3. Entities invited for the application

Private entity

4. Period of invitation

From Monday, March 24, 2014, to midday on Monday, June 2, 2014

5. Other information

Application forms, including any appendices, can be prepared and submitted in English.

For the details of the program, please see the Application Guidelines attached in the "Reference" section below.

Consultation and inquiries about this subsidy program are accepted at any time. In order to deepen understanding of the subsidy program, prospective applicants are recommended to use prior consultation as much as possible.